Market Forecast By Core (Closed, Shell, Berry), By Product (Power transformer, Distribution transformer, Instrument transformer, Others), By Winding (Two-winding, Auto-transformer), By Application (Residential & Commercial, Utility, Industrial), By Cooling (Dry type, Oil Immersed), By Phase (Single phase, 3 - phase), By Rating (10 MVA, 11 MVA to 60 MVA, 61 MVA to 600 MVA, > 600 MVA) And Competitive Landscape
Product Code: ETC014256 | Publication Date: Oct 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Czechia Transformer market currently, in 2023, has witnessed an HHI of 2116, Which has increased slightly as compared to the HHI of 1844 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Czech Republic Transformer Market report thoroughly covers the market by Core, Product, Winding, application, Cooling, Rating and Phase. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Czech Republic Transformer Market is experiencing steady growth and is expected to rise more in the future as the electricity demand is exponentially increasing. With greater investments in renewable energy sources, the market for transformers has been expanding significantly. The market is also coming across certain challenges that it can overcome in the years to come.
According to 6Wresearch, the Czech Republic Transformer Market size is estimated to attain a CAGR of 3.4% during 2024-2030. The Czech Republic transformer market is expanding rapidly, owing to various drivers. Firstly, the growing demand for renewable energy sources has propelled the production of transformers. Secondly, the government's investment in upgrading and modernizing power infrastructure has created a huge demand for new transformers. Thirdly, the increase in global trade has driven the need for reliable power transmission, leading to a demand for high-quality transformers. Lastly, the increased industrialization in the country has been driving the demand for power transformers in the manufacturing sector.
Despite the growth of the transformer industry in the Czech Republic, companies still face certain challenges. Foremost, the rising demand for electricity or power has led to a shortage of skilled technicians to repair and maintain. This increases the downtime and maintenance costs for companies leading to a decrease in production efficiency. Secondly, the raw materials and components needed for production are often sourced from overseas, making them vulnerable to supply chain disruptions. Lastly, the rise of counterfeit products in the market poses the risk of faulty products that can cause serious damages and threaten consumer safety.
The transformer industry in the Czech Republic has grown to attract some of the most renowned players in the global market. SEZ, a.s, Eonix, s.r.o, and DISTRIBUCVA Rostechnique s.r.o, are the major players dominating the market. SEZ, a.s., is the market leader with an excellent track record of delivering high-quality transformers to various countries around the globe.
The government has implemented various policies to regulate the transformer industry, especially concerning quality control. The Czech Republic has adopted the EU's Harmonised Standards and Regulations, certifying the quality of the transformers and ensuring that they meet European standards of safety and efficiency. Additionally, companies must follow specific procedures and protocols in the manufacturing process, including the testing of transformers by independent and accredited laboratories.
According to Dhaval, Research Manager, 6Wresearch, the Czech Republic Transformer Market is experiencing steady growth and is expected to rise more in the future as the electricity demand is exponentially increasing. With greater investments in renewable energy sources, the market for transformers has been expanding significantly. The market is also coming across certain challenges that it can overcome in the years to come.
In the Czech Republic, two-winding transformers have been witnessing steady growth due to the expansion of the energy sector in the country, particularly in the areas of renewable energy and transmission network infrastructure development.
Key Attractiveness of the Report
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Czech Republic Transformer Market Overview |
3.1 Czech Republic Country Macro Economic Indicators |
3.2 Czech Republic Transformer Market Revenues & Volume, 2020 & 2030F |
3.3 Czech Republic Transformer Market - Industry Life Cycle |
3.4 Czech Republic Transformer Market - Porter's Five Forces |
3.5 Czech Republic Transformer Market Revenues & Volume Share, By Core, 2030 & 2030F |
3.6 Czech Republic Transformer Market Revenues & Volume Share, By Product, 2030 & 2030F |
3.7 Czech Republic Transformer Market Revenues & Volume Share, By Winding, 2030 & 2030F |
3.8 Czech Republic Transformer Market Revenues & Volume Share, By Application, 2030 & 2030F |
3.9 Czech Republic Transformer Market Revenues & Volume Share, By Cooling, 2030 & 2030F |
3.10 Czech Republic Transformer Market Revenues & Volume Share, By Insulation, 2030 & 2030F |
3.11 Czech Republic Transformer Market Revenues & Volume Share, By Phase, 2030 & 2030F |
4 Czech Republic Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Czech Republic Transformer Market Trends |
6 Czech Republic Transformer Market, By Types |
6.1 Czech Republic Transformer Market, By Core |
6.1.1 Overview and Analysis |
6.1.2 Czech Republic Transformer Market Revenues & Volume, By Core, 2020 - 2030F |
6.1.3 Czech Republic Transformer Market Revenues & Volume, By Closed, 2020 - 2030F |
6.1.4 Czech Republic Transformer Market Revenues & Volume, By Shell, 2020 - 2030F |
6.1.5 Czech Republic Transformer Market Revenues & Volume, By Berry, 2020 - 2030F |
6.2 Czech Republic Transformer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Czech Republic Transformer Market Revenues & Volume, By Power transformer, 2020 - 2030F |
6.2.3 Czech Republic Transformer Market Revenues & Volume, By Distribution transformer, 2020 - 2030F |
6.2.4 Czech Republic Transformer Market Revenues & Volume, By Instrument transformer, 2020 - 2030F |
6.2.5 Czech Republic Transformer Market Revenues & Volume, By Others, 2020 - 2030F |
6.3 Czech Republic Transformer Market, By Winding |
6.3.1 Overview and Analysis |
6.3.2 Czech Republic Transformer Market Revenues & Volume, By Two-winding, 2020 - 2030F |
6.3.3 Czech Republic Transformer Market Revenues & Volume, By Auto-transformer, 2020 - 2030F |
6.4 Czech Republic Transformer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Czech Republic Transformer Market Revenues & Volume, By Residential & Commercial, 2020 - 2030F |
6.4.3 Czech Republic Transformer Market Revenues & Volume, By Utility, 2020 - 2030F |
6.4.4 Czech Republic Transformer Market Revenues & Volume, By Industrial, 2020 - 2030F |
6.5 Czech Republic Transformer Market, By Cooling |
6.5.1 Overview and Analysis |
6.5.2 Czech Republic Transformer Market Revenues & Volume, By Dry type, 2020 - 2030F |
6.5.3 Czech Republic Transformer Market Revenues & Volume, By Oil Immersed, 2020 - 2030F |
6.6 Czech Republic Transformer Market, By Insulation |
6.6.1 Overview and Analysis |
6.6.2 Czech Republic Transformer Market Revenues & Volume, By Gas, 2020 - 2030F |
6.6.3 Czech Republic Transformer Market Revenues & Volume, By Oil, 2020 - 2030F |
6.6.4 Czech Republic Transformer Market Revenues & Volume, By Solid, 2020 - 2030F |
6.6.5 Czech Republic Transformer Market Revenues & Volume, By Air, 2020 - 2030F |
6.6.6 Czech Republic Transformer Market Revenues & Volume, By Others, 2020 - 2030F |
6.7 Czech Republic Transformer Market, By Phase |
6.7.1 Overview and Analysis |
6.7.2 Czech Republic Transformer Market Revenues & Volume, By Single phase, 2020 - 2030F |
6.7.3 Czech Republic Transformer Market Revenues & Volume, By 3 - phase, 2020 - 2030F |
6.8 Czech Republic Transformer Market, By Rating |
6.8.1 Overview and Analysis |
6.8.2 Czech Republic Transformer Market Revenues & Volume, By ? 10 MVA, 2020 - 2030F |
6.8.3 Czech Republic Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2020 - 2030F |
6.8.4 Czech Republic Transformer Market Revenues & Volume, By > 600 MVA, 2020 - 2030F |
6.8.5 Czech Republic Transformer Market Revenues & Volume, By > 600 MVA, 2020 - 2030F |
7 Czech Republic Transformer Market Import-Export Trade Statistics |
7.1 Czech Republic Transformer Market Export to Major Countries |
7.2 Czech Republic Transformer Market Imports from Major Countries |
8 Czech Republic Transformer Market Key Performance Indicators |
9 Czech Republic Transformer Market - Opportunity Assessment |
9.1 Czech Republic Transformer Market Opportunity Assessment, By Core, 2030 & 2030F |
9.2 Czech Republic Transformer Market Opportunity Assessment, By Product, 2030 & 2030F |
9.3 Czech Republic Transformer Market Opportunity Assessment, By Winding, 2030 & 2030F |
9.4 Czech Republic Transformer Market Opportunity Assessment, By Application, 2030 & 2030F |
9.5 Czech Republic Transformer Market Opportunity Assessment, By Cooling, 2030 & 2030F |
9.6 Czech Republic Transformer Market Opportunity Assessment, By Insulation, 2030 & 2030F |
9.7 Czech Republic Transformer Market Opportunity Assessment, By Phase, 2030 & 2030F |
9.7 Czech Republic Transformer Market Opportunity Assessment, By Rating, 2030 & 2030F |
10 Czech Republic Transformer Market - Competitive Landscape |
10.1 Czech Republic Transformer Market Revenue Share, By Companies, 2023 |
10.2 Czech Republic Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |